Audi, Porsche to formally enter F1 as partners for existing teams after receiving Volkswagen green light

Many sources are indicating that the Volkswagen Group has finally reached a decision to allow the entry of Audi and Porsche into F1 as early as next week.

There have been rumours doing the rounds for months now regarding the arrival of these two names and an official confirmation is now imminent.

Reputed news service Reuters has claimed that both Audi and Porsche will receive the green light from Volkswagen to enter the sport next Tuesday or Wednesday.

The deadline that had earlier been quoted was the end of March, but such delays can be expected when a deal of great magnitude is set to take place.

Volkswagen has declined to release an official statement on the matter till now even though the Business Insider has already substantiated the claim earlier this month.

Which teams will Audi and Porsche partner up with?

Audi and Porsche are set to make an entry in F1. Credit: Getty Images

If rumours are to be believed, Audi and Porsche will enter the sport as partners for existing teams.

While Porsche is believed to be keen to pair up with Red Bull, Audi will look to make its partnership with McLaren click.

It will take a deal believed to be in the region of 500 million euros for McLaren to sign the deal with Audi. 

McLaren boss Zak Brown has already confirmed that talks between the boards of the two organisations have already taken place.

It is worth noting that this is a tricky time for Volkswagen, which is feeling the brunt of the war in Ukraine.

This situation will be one of the primary topics of discussion at the meetings scheduled for next week.

Read more: Red Bull upgrade to give Max Verstappen 8 kg boost in championship battle with Charles Leclerc

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